Broker’s reaction: Impact of 500 & 1000 rupee notes ban on real estate
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Christina william
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Nov 18, 2016, 1:18:44 AM11/18/16
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to Parsvnath-La-Tropicana-flatOwners-Grievences
Hi Sir/Ma'am Watch real estate professionals’ reactions on the demonetization of Rs
500 and Rs 1000 currency notes. On November 8, PM Narendra Modi
announced that Rs 500 & Rs 1000 notes will not be legal tender with
effective from November 10 midnight. This bold step is in line to curb
black money & corruption from the country. With this move, real
estate sector is expected to get impacted as it is known to thrive
hugely on black money